CFD Broker high leverage

5 best CFD brokers with high leverage

5 best CFD brokers with high leverage

High-leverage Contract for Difference (CFD) brokers are easy to find. They are all over the internet. But choosing the right one is a far trickier proposition.

How do you sort out the wheat from the CFD chaff? And how much leverage can you expect to access?

These are two great questions that we tackle here in our in-depth review of the 5 best CFD brokers with high leverage. We have sifted through what is a vast trading segment to arrive at a shortlist of companies that distinguish themselves from the pack.

Who is the best CFD broker with high leverage?

Before we leap headlong into our showcase, maybe we should back up a little first to ensure we are on the same page. To be clear from the outset, a CFD is a way to speculate on an underlying asset. You never own the asset per se. Instead, you are taking a short position with the expectation that the asset will fall in value. Alternatively, you take a long position in the hope the price rises.

In this review, we focus on forex trading, where the average leverage is 1:500. This means that for every dollar you are trading with, you are borrowing $500. A price movement of just 0.2% means you can double your money. Or lose the entire trade. It is this high volatility that makes CFD forex trading so inherently risky. And why it is imperative you fully understand the risk involved or stick with a lower level of leverage if you are inexperienced.

5 best CFD Broker with high leverage:

  1. RoboForex – Leverage of up to 1:2000
  2. Vantage Markets – Good all-rounder
  3. BlackBull Markets – The clue is in the name
  4. IC Markets – Numerous payment methods
  5. OctaFx – Know-how made in Switzerland
CFD Broker:
Review:
demo account:
Spreads:
Assets:
Advantages:
Open account:
1. RoboForex
RoboForex logo
Yes, free
Starting 0.0 pips
12,000+
+ International clients are accepted
+ High leverage is possible (1:2000)
+ Free Demo Account
+ Bonus Programm
Free demo account(Risk warning: Your capital might be at risk)
2. Vantage Markets
Vantage Markets logo
Yes, free
Starting 0.0 pips
400+
+ Real ECN Trading
+ Very fast execution
+ No hidden fees
+ Low trading fees
+ Supports MetaTrader 4/5
+ Free bonus available
Free demo account(Risk warning: Your capital might be at risk)
3. Black Bull Markets
BlackBull Markets Logo
Yes, free
Starting 0.0 Pips
100+
+ Real ECN spreads and liquidity
+ Free demo account
+ Low spreads and commission
+24-hour support
+ More than 100 different markets
Free demo account(Risk warning: Your capital might be at risk)
4. IC Markets
The official logo of IC Markets
Yes, free
Starting 0.0 pips
2,000+
+ Real raw spread trading
+ Minimum deposit of 200$
+ No hidden fees
+ Free demo account
+ Very fast support
Free demo account(Risk warning: Your capital might be at risk)
5. OctaFX
OctaFX logo
Yes, free
Starting 0.2 pips
100+
+ High leverage up to 1:500
+ Different account types
+ Low commissions
+ Professional support
+ Minimum deposit of only $ 100
Free demo account(Risk warning: Your capital might be at risk)

1. RoboForex

The official website of RoboForex

RoboForex was established in 2009 and has grown exponentially into a significant force in the forex marketplace.

If you are hunting for a high-leveraging forex broker, these are people you should have in your crosshairs. They offer three accounts with leverage maximums ranging from 1:300 to 1:500.

However, if you wish to supersize with leverage, they have two accounts that offer leverage of up to 1:2000.

These are the Pro-Cent and the Pro-Standard accounts, which can be opened with just $10 to trade up to 26 currency pairs. Plus, they are both subject to deposit and loyalty bonuses.

The downside – and there always is one – is that spreads are floating from 1.3 pips. But this is somewhat offset by the trading conditions, including up to 10,000 lots and MetaTrader 5 accounts allowing for a maximum of 1000 open positions.

RoboForex logo

The distinguishing feature, and hence the name, is the Pro-Cent accounts operate with USD Cents or EUR Cents as the base currency. The Pro-Cent is suitable for both beginner and veteran forex traders.

The Pro-Standard account is pitched to the same audience but is only available on the MetaTrader 5 platform. However, suppose this is not a deal-breaker. In that case, you will be interested to hear that the Pro-Standard account allows for up to 1000 open positions and 500 active orders.

All of RoboForex account types come with the option of trying out a demo account first. This may be a great idea if you are not overly familiar with their platforms or, indeed, forex trading with high leverage levels.

Benefits of RoboForex:

  • Up to 1:2000 leverage available
  • Zero deposits fees
  • RoboForex minimum deposit of $10
  • CopyFX available
  • Negative balance protection
  • Award-winning company
  • Multiple software options
  • Multiple platforms

(Risk warning: Your capital can be at risk)

2. Vantage Markets

The official website of Vantage Markets

This Australian broker was penciled in for this CFD broker review from the get-go. There’s very little to dislike: it’s a good all-rounder that always seems to do that little bit extra to get noticed.

Whether you have been forex trading for years or making your first tentative steps, Vantage Markets is a shoo-in as far as we are concerned.

The team behind Vantage Markets is highly experienced and set up the brokerage in 2009. It may be a cliche, but Vantage Markets is greater than the sum of its parts.

They have brought together cutting-edge technology and award-winning customer service to produce one of the forex industry’s standout players. And they haven’t fallen into the trap of getting complacent; they are continually pushing forward to keep ahead of the game.

Vantage Markets logo

Admittedly, their website could probably do with a design refresh soon. It is definitely not the worst we have encountered, to be fair. And everything under the hood works and works well.

We have no hesitation in giving Vantage Markets a place in our top 5 CFD broker reviews. And further, recommend that you take a closer look and consider registering. Like we do for all of our 5 best broker picks.

Vantage Markets fields an exciting line-up of accounts, which are based around MetaTrader 4 and 5.

Comparisons between accounts are crystal clear. The Standard STP account is firmly aimed at novices who don’t want to pay commission but can live with spreads starting from 1.4 pips. Experienced traders will be better off with the Raw ECN account, which offers spreads from 0.0 pips but comes with a minimum deposit of $500.

Benefits of Vantage Markets:

  • Leverage up to 1:500
  • Spreads from 0.0 pips
  • $200 minimum deposit
  • Zero deposit fees
  • Nine base currencies
  • Affiliate and client referral programs
  • Zero commission accounts available
  • Trade 44 currency pairs

(Risk warning: Your capital can be at risk)

3. BlackBull Markets

The official website of BlackBull Markets

When you are based in New Zealand and launching a forex trading platform, you will try your hardest to get the words’ bull’ and ‘black’ into the name.

Like rugby’s world-famous All Blacks, these Kiwi financial warriors have taken the game to the opposition with aplomb. If BlackBull Markets hasn’t yet appeared on your radar, you must head there right now to take a look.

So what’s with the buzz, then?

They deliver. When BlackBull Markets was formed in Auckland in 2014, it set out with a mission. And an ambitious one at that; to become a world-leading fintech and forex broker.

BlackBull Markets Logo

And from where we stand, it looks like its mission has been accomplished. BlackBull Markets have refined its account options to just two for retail customers and one for institutional clients. With fewer, relatively speaking, plates to spin, BlackBull Markets have been able to apply a laser focus to operations and do what they offer really well. This is always a winning formula, whether it’s forex or rugby.

If you are a forex novice or want to access 1:500 leverage, then the account of choice is their ECN Standard account, which you can open with US $200. There’s no commission to pay, and spreads start from 0.8.

According to BlackBull Markets, their most popular account is the ECN Prime account. For this, you need to cough up a minimum of US $2,000 and $6.00 R/T per lot. But the plus side is you get minimum spreads from 0.1 pip.

Benefits of BlackBull Markets:

  • Leverage of up to 1:500
  • Security, safety, and reliability
  • Multiple award winners for their innovation and technology
  • Trade up to 64 currency pairs
  • 24/6 live support
  • Social trading accounts
  • Deep liquidity pool
  • STP order execution

(Risk warning: Your capital can be at risk)

4. IC Markets

The official website of IC Markets

If you are a big MetaTrader 4 or Meta Trader 5 fan searching for a new base, you could do worse than swing by IC Markets, for they are MT4/5 devotees like you.

But if MetaTrader is not your cup of tea, there’s cTrader if you prefer, and that comes in four flavors, desktop, web, mobile, and cTrader cAlgo.

Platforms are essential, but what about the leverage?

It’s a maximum of 1:500 across the board. You will be delighted to hear. So no matter your preference in account type, there’s always going to be some chunky leverage available to maximize your trading opportunities.

There are two MetaTrader-based accounts – Raw Spread and Standard.

The official logo of IC Markets

The Standard account is commission-free with spreads starting from 1.0 pips, while the Raw Spread alternative charges $3.50 per lot per side, but the spreads start from 0.0.

The cTrader account comes in cheaper at $3 per lot per side, so you may wish to opt for that one instead.

No matter which you select, demo accounts are available to get your eye on first before committing to a live account. If you arrive a little green to forex trading, it’s highly recommended you thoroughly digest IC Markets’ educational resources first before registering a demo account. However, IC Market’s training materials are a bit thin compared to what is provided by other forex exchanges, to be frank.

But this isn’t a concern for more experienced traders. There are many plus points to IC Markets, not least of which are the 15 different payment methods, from cards to PayPal and a range of other e-wallets and bank transfers.

Benefits of IC Markets:

  • Leverage of up to 1:500
  • Trade up to 64 currency pairs
  • One-click trading
  • Islamic swap-free accounts are available
  • IC Markets minimum deposit of $200
  • Spreads from 0.0 pips
  • Zero commission on their Standard Account
  • Demo accounts available

(Risk warning: Your capital can be at risk)

5. OctaFx

The official website of OctaFX

OctaFX is a reliable broker with a variety of trading platforms. The broker supports cTrader and MetaTrader 4/5. You may select the best platform from desktop, online, mobile, and cTrader cAlgo.

OctaFX offers maximum leverage of 1:500 across all account types. You may optimize trading possibilities and perhaps increase investment profits. OctaFX provides two MetaTrader-based accounts: a Raw Spread accounts with spreads starting at 0.0 pips and a Standard account with spreads starting at 1.0 pips and no commission costs. Spreads start at 3.0 pips on the cTrader account, which charges $3 lot per side.

OctaFX logo

If you’re new to forex trading, OctaFx offers demo accounts to assist you in learning the market and practicing your abilities. OctaFx’s payment options, including cards, PayPal, e-wallets, and bank transfers, will appeal to more experienced traders.

One-click trading, Islamic swap-free accounts, and 64 currency pairings are additional OctaFx features. The account opening requires a $200 deposit. Therefore, overall, OctaFX is a good broker for all levels of traders.

Benefits of OctaFx:

  • Leverage of up to 1:500
  • Trade more than 64 currency pairs
  • Multiple platforms
  • Ultra-fast order execution
  • Excellent customer support in many languages
  • Wide range of payment methods for deposits and withdrawals
  • Class-leading market analysis and news

(Risk warning: Your capital can be at risk)

Generally speaking, CFD trading is lawful in most countries where there is the regulation of the marketplace. The most obvious example of where CFD trading is illegal is the USA, where CFD trading is neither regulated nor endorsed. However, many US residents want to trade CFDs and use offshore brokers as a workaround. This, though, comes with risk. Many brokers will not accept US citizens if the UK’s Financial Conduct Authority regulates them. Finding a regulated offshore broker for US citizens takes a little extra legwork.

Are CFDs and spread betting the same thing?

Essentially, yes. Spread betting is the same type of derivative trading involving speculation on price movements rising or falling.

The main difference is where the profit derives. With CFDs, your profit is the spread difference between the opening and closing prices. On the other hand, with spread betting, your profit equates to the amount you have bet on each price movement.

Is CFD forex trading safe for beginners?

Computer screen with charts and words CDF trading

Yes, if you pick the right broker. A few brokers are better suited for beginners as they will feature advanced tools to minimize risk while still offering higher leverage levels. The tools to look out for are negative balance protection and stop loss. Some also offer automated tools to take profit at a pre-set level.

However, it can’t be stressed enough that you need some previous trading and a good grasp of CFD trading fundamentals. Always choose a broker that is strong on education and training. And take advantage of that.

It’s also highly recommended that beginners open a demo account first. Doing so will familiarize you with the platform and mean you can try various trading strategies risk-free with virtual money. It’s best to do the training first and get up to speed with the basics before opening the demo account. These training accounts tend to be limited to a month, though. A few brokers offer unlimited demos, but these tend to be the exception.

What should I look for in a high-leverage CFD broker?

You should be looking for tight spreads and no or low commission fees. And risk mitigation features to avoid blowing up your account.

It’s also vital that their trading platform is easy to use and intuitive. MetaTrader 4 and 5, as well as cTrader and WebTrader, are the norm. However, many brokerages also offer their own brand platform developed from the ground up in-house. So be sure to check out how comprehensive their training and learning resources are if you are unused to any of their platform options.

Account types tend to be offered on a platform-specific basis. But you can open a demo account first to get a feel for it before committing to a live trading account.

Best practice

Conclusion – Practice makes you a better trader!

High-leverage forex trading is a risky business. You need to understand the implications and risks involved fully. Lucrative profits are there for the taking, for sure. But the reverse side of the coin is catastrophic losses.

However, with the right mindset, training, and risk mitigation features, it’s arguably only as risky as crossing the street during rush hour. Maybe even a little safer in some ways.

There is, unsurprisingly, no shortage of CFD brokers with high leverage levels. But they are not all vanilla. Some are way better than that. And we have done our utmost to highlight the pick of the bunch. It was a tough gig, admittedly, but we have narrowed down the choice to just five. After much research and deliberation, the handful of CFD forex brokers we have selected is cut above the rest.

They are all transparent, with a solid financial background and broad experience in the forex market. We have sought to highlight their best features and get to the nub of the matter. We have considered several important aspects of forex traders seeking to access high leverage. And the good news is they all checked out exceptionally well. We, therefore, have no hesitation in commending to you our fab five.

FAQ – The most asked questions about CFD brοkеrs : 

Which οnlinе CFD brοkеrs havе thе highеst lеvеragе?

Aftеr having tеstеd and analysеd numеrοus οnlinе brοkеrs, in thе tablе abοvе yοu can find thе brοkеrs that wе cοnsidеr tο bе thе mοst rеcοmmеndablе fοr invеsting, taking as a critеriοn thе financial lеvеragе thеy οffеr. In our comparison, RoboForex has the highest leverage of 1:2000 for CFDs.

Shοuld yοu tradе with high lеvеragе/should you choose a CFD broker with high leverage?

Trading with high lеvеragе does have its οwn advantages and disadvantages. At thе еnd οf thе day, yοu shοuld cοnsidеr hοw much dο yοu want tο ‘bοrrοw’ frοm yοur brοkеr. First, undеrstand how tο usе it safеly. Sеcοnd, chοοsе thе bеst high lеvеragе fοrеx brοkеr. Always cοntrοl yοur еmοtiοn and usе gοοd risk managеmеnt sο that yοu wοn’t suffеr a hugе lοss.

Hοw tο safеly tradе with high lеvеragе CFD broker?

Sοmе еxpеriеncеd tradеrs might advisе yοu tο avοid using high lеvеragе. Whilе this is truе fοr nοvicе tradеrs, that doesn’t mеan thеrе is nο safеr way tο usе this fеaturе. Bеsidеs chοοsing thе bеst high lеvеragе fοrеx brοkеr

Arе thеrе gοοd CFD brοkеrs, and are they highly regulated?

Thе bеst CFD brοkеrs arе highly-rеgulatеd and a grеat chοicе whеthеr yοu arе a bеginnеr οr an еxpеrt tradеr. Thеsе trustеd brοkеrs οffеr thе bеst platfοrms, prοduct rangе, and trading tοοls, including rеsеarch and cliеnt еducatiοn, prοviding еvеrything that CFD tradеrs nееd.

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